DRI BROKER™: Connect and Communicate with Brokers Instantly, Effortlessly

Seamless, Automated Broker Integration

Direct, efficient communication between asset managers and brokers is essential to the resolution process. Now DRI — the recognized leader in default solutions for over 25 years — takes managing this critical phase to a new level of efficiency with DRI BROKER™. This innovative system provides seamless, automated integration with your brokers, so you can connect quickly and easily, coordinate next steps, and manage and monitor every stage of the process. The result is dramatically enhanced productivity, reduced labor costs and fewer errors.

Direct, Secure DRI/Broker Bi-link

The DRI BROKER™ “bi-direction” link provides secure, direct communication from the system to your brokers. This includes the transmission of asset data and all appropriate attachments. The ability to issue and send tasks to broker work queues — and track their progress from start to finish — allows you to closely direct and monitor their actions. For example, when brokers receive the task to complete their monthly marketing report, they also receive the form in which to enter it. Upon completion, the readable data (not a fax or image) automatically flows back into the system for analysis.

Optimize Workflow, Accelerate Resolution and Lower Your Servicing Costs

Multiple Functions and Value-added Tools

The DRI BROKER™ interface features multiple core functions and value-added tools, including Offer/
Counter Offer Management. In addition, the entire REO/broker process uses DRI BROKER’s™ work queues to record all communications in the system’s notepad. Available with DRI OFFICE™ or as a separate add-on that attaches to your existing default system, DRI BROKER™ integrates seamlessly with your current systems, and supports standard industry formats and protocols. Bottom line: this system is the industry’s most effective way to drive your REO/broker process, accelerate resolution and lower your servicing costs.

General Features

  • Send notes to/from brokers
  • Set follow-ups for brokers
  • Servicer-prioritized broker
    work queues
  • Brokers can import photos
    & attachments
  • Broker-accessed help system
  • Broker score cards (coming soon)
  • Code violations
  • Vacancy registration
    (coming soon)
  • Accessible, organized information

Pre-marketing Functions

  • Track occupancy
  • Track evictions
  • Relocation assistance
  • Deed-for-Lease™
  • Valuation request (BPO & AVM)
  • Broker access to all relevant
    REO data

Pre- to Post-marketing Period

  • Track repairs (costs vs.
    approval hierarchy)
  • Track rental income
  • Property preservation (one time
    & recurring)

Marketing Period

  • Report listing & marketing strategy
  • Broker listing & marketing strategy reports to servicers
  • Process to establish listing price
  • Revise marketing plan process

Offer Management

  • Offer receipt
  • Multiple counter-offer response
  • Accept & close

DRI BROKER™ Download